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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
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NJ CBT 1065
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perry300
Level 1
08-02-2021
07:03 PM
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I'm working on a NJ CBT 1065. The net income is just over $1,000 and the tax on the return is almost $5,000. This doesn't make sense. Any ideas would be helpful.
Thanks,
Perry
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1 Comment 1
sjrcpa
Level 15
08-02-2021
08:51 PM
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What kind of business is it?
How many partners?
How many of them are NJ residents?
The more I know, the more I don't know.
